$700,000
$749,000
6.5%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
3,588 SqFt
SOLD DATE : 11/12/2024
Key Details
Sold Price $700,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,588 sqft
Price per Sqft $195
MLS Listing ID ML81971379
Sold Date 11/12/24
Bedrooms 8
HOA Y/N No
Year Built 1965
Lot Size 7,000 Sqft
Acres 0.16
Property Description
Here's your rare chance to own a stunning 4-plex rental apartment in Modesto. This property is an incredible investment, with all units featuring 2 bedrooms, a spacious living room, a separate dining room, and an open kitchen layout. Located near stores, hospital, many restaurants, and schools, this property has it all. Boasting a solid starting CAP rate with great potential for increased monthly rents with long-term tenants. It offers easy access to Highway 99 and McHenry Avenue. It's close to Vintage Faire Mall, Costco, Target, and Walmart. For an even more exciting opportunity, the neighboring property at 2613 Chester Drive, with an adjoining green courtyard to 2617 Chester Drive, is also available for separate acquisition. Here's a total of 8 rental units that are excellent additions into your real estate investment portfolio.
Location
State CA
County Stanislaus
Area Listing
Zoning R-QU
Interior
Heating Wall Furnace
Cooling No Air Conditioning
Fireplace No
Exterior
Exterior Feature Back Yard
Building
Lot Description Level
New Construction No
Schools
School District Modesto City High
Others
Tax ID 060013042000
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© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Bought with SergioGarcia
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "